GreenTree Hospitality, Sunlands Education launch US IPOs

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GreenTree Hospitality, Sunlands Education launch US IPOs

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(170103) -- NEW YORK, Jan. 3, 2017 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, on Jan. 3, 2017. U.S. stocks rebounded Tuesday, the first trading day of 2017. The Dow Jones Industrial Average rose 119.16 points, or 0.60 percent, to 19,881.76. The S&P 500 added 19.00 points, or 0.85 percent, to 2,257.83. The Nasdaq Composite Index climbed 45.97 points, or 0.85 percent, to 5,429.08. (Xinhua/Wang Ying) (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

China-based GreenTree Hospitality Group has kicked off bookbuilding for an up to $349.2m IPO on the New York Stock Exchange, according to a filing with the US market regulator.

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